Latest Lockheed Martin Corp News

Heading for clouds: Aviation sector faces trade turbulence

Jul. 16, 2018 12:30 PM EDT

LONDON (AP) — Aviation is soaring: Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders. So what could possibly go wrong? One big thing: A trade war. Aircraft makers at this week's Farnborough International Airshow, a biannual extravaganza where...

Despite some wobbles, stocks end the week with more gains

Jul. 13, 2018 4:49 PM EDT

NEW YORK (AP) — Stocks wrapped up another solid week Friday as industrial and energy companies ticked higher, but corporate earnings got off to a sluggish start as reports from several major U.S. banks failed to excite investors. Indexes wobbled in morning trading, but rising oil prices helped energy...

Asian shares mostly higher; Japan's Nikkei up on weak yen

Jul. 12, 2018 11:38 PM EDT

SEOUL, South Korea (AP) — Asian shares are mostly higher, rebounding from jitters over the U.S.-China trade disputes for a second straight day. KEEPING SCORE: Japan's Nikkei 225 jumped 1.3 percent to 22,483.13 and South Korea's Kospi gained 0.8 percent to 2,302.32. Hong Kong's Hang Seng index added 0.3...

Mexico's president-elect says he'll stop US helicopter deal

Jul. 11, 2018 6:10 PM EDT

MEXICO CITY (AP) — President-elect Andres Manuel Lopez Obrador said Wednesday he will cancel the pending purchase by Mexico's navy of eight armed Lockheed Martin MH-60R helicopters from the U.S. government. Lopez Obrador mentioned nixing the planned $1.2 billion deal as an example of extensive cost-cutting...

Asian shares drop as eyes turn to central bank meetings

Jun. 13, 2018 12:27 AM EDT

TOKYO (AP) — Asian stocks mostly fell Wednesday after a muted market response to the Trump-Kim summit. Investors have now turned their eyes to the trio of this week's central bank meetings. KEEPING SCORE: Japan's benchmark Nikkei 225 edged up 0.3 percent in early trading at 22,934.58. South Korea's Kospi...

PepsiCo's Nooyi, Ventas's Cafaro among top-paid female CEOs

May. 26, 2018 10:01 AM EDT

Here are the 10 highest-paid female CEOs for 2017, as calculated by The Associated Press and Equilar, an executive data firm. The AP's compensation study covered 339 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy...

PepsiCo's Nooyi, Ventas's Cafaro among top-paid female CEOs

May. 25, 2018 11:32 AM EDT

Here are the 10 highest-paid female CEOs for 2017, as calculated by The Associated Press and Equilar, an executive data firm. The AP's compensation study covered 339 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy...

Israeli air force chief confirms first F-35 airstrike

May. 22, 2018 2:37 PM EDT

JERUSALEM (AP) — The head of Israel's air force on Tuesday revealed that it used the next-generation F-35 fighter jet for the first time during a recent mission. Maj. Gen. Amikam Norkin told a conference that he believes it was the first time the fighter has been used in the Middle East, and that the air...